$1,849,000 - 60 Lou Parsons Way Drive Unit TH 85, Mississauga
Condo for Sale in Mississauga
New — Listed 2 days ago- MLS Number
- W12878118
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- ~2,250 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Discover the epitome of waterfront luxury in this exquisite lake-facing townhome, perfectly positioned within the coveted Brightwater community. Offering nearly 2,400 sf of masterfully designed living space, this residence exudes sophistication and modern refinement, complemented by breathtaking views of Lake Ontario. The light-filled main level features an open-concept layout framed by floor-to-ceiling windows, custom hardwood flooring and anchored by a chef-inspired kitchen appointed with premium Bosch appliances, custom cabinetry, and elegant finishes throughout. The expansive primary suite presents panoramic lake views, a spa-like ensuite, and an elevated sense of tranquility. Two additional bedrooms offer refined comfort for family or guests, enhanced by custom hardwood flooring and meticulous craftsmanship at every turn. The third floor presents a versatile space for exercise or entertainment, flowing seamlessly onto a private outdoor terrace. The private rooftop terrace provides a spectacular setting for entertaining or quiet reflection, showcasing sweeping views of the lake and horizon. A double-car garage and parking for five vehicles offer convenience rarely found in such an exclusive waterfront residence. Experience the best of lakeside living, steps from boutique shops, acclaimed restaurants, scenic trails, and just minutes from downtown Toronto. The Brightwater embodies a lifestyle of elegance, distinction, and enduring value in one of the GTA's most desirable waterfront communities.
Estimate your monthly payments for this property
Estimated Payment
$8,178.75/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Mississauga
Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Mississauga
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
60 Lou Parsons Way Drive Unit TH 85, Mississauga
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 25+ years of GTA real estate experience
Fair Market Value
At $822/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.